Market Research Reports - Ken Research Jordan Plastic Pipes and Fittings Market Outlook | Page 2

The demand for uPVC pipe dominated the Jordan plastic pipe market, followed by PE, CPVC, and other type of plastic pipes respectively. The demand for uPVC pipes is high owing to the vast application in irrigation, water supply, sewage and plumbing applications. PE pipes in Jordan majorly have their applications in manufacturing and mining applications. Jordan is classified as a semi-arid to arid region which presents a huge challenge of efficient water supply in the country. The demand of plastic pipes for water supply and sewage application is highest in the country followed by plumbing, industrial, irrigation and other application respectively. Organized players in the market include companies like World Plastics, Farhat Plastics, IPCO and other players which collectively dominated the market. Competition Landscape The market for plastic pipes and fittings in Jordan is largely concentrated with majority of the market dominated by only 5-6 players. The overall plastic pipes and fittings industry in Jordan has around 20-25 manufacturers. Major Pipe manufacturers include World Plastics, Farhat Plastics, IPCO and other players. With the closure of land borders with Syrian and Iraq, the competition for market share in the domestic market has intensified. However, Jordanian manufacturers are also exploring other markets in the Middle East and North African region, and in the coming years the market presence of these players in Yemen, Turkey, Egypt and other countries is likely to increase. Jordan Plastic Pipes and Fittings Market Future Projections The Jordan plastic pipe market is expected to grow with a positive CAGR from 2018-2022The primary demand is likely to originate from major cities like Amman, Irbid and Zarqa owing to the concentration of population. Regions like Al-Mafraq, Karak, Balqa and Aqaba will also witness surge in demand with the growth of various sectors like construction, manufacturing and agriculture in these regions. The IMF Extended Fund Facility Program (EFF) along with the Jordan Economic Growth Plan 2018-2022 (JEGP) are aimed at stabilizing the economy and provide a boost to industries like construction, manufacturing and the agriculture industry. The development of the Aqaba port as a key logistics hub, opening up borders with Iraq and investing in construction sector to develop school, hospital, and housing infrastructure to accommodate the surge in population are some of the steps that the government has in its EGP. Plans for development of water desalination plants are also being considered by the government. All these steps towards the development of various sectors will directly or indirectly help the plastic pipe and fittings industry to grow as well. Key Segments Covered By Type of Pipe